TRANSGLOBE ENERGY CORPORATION PROVIDES MID-QUARTER UPDATE FOR
Q3 2010 AND NOTICE OF UPCOMING CONFERENCE PARTICIPATION
TSX: “TGL” & NASDAQ: “TGA”
Calgary, Alberta, September 13, 2010 - TransGlobe Energy Corporation (“TransGlobe” or “the Company”) is
pleased to provide a mid-quarter production and operations update for the third quarter of 2010 and announces
the Company’s attendance at the Peters & Co. 2010 North American Oil & Gas Conference and the
FirstEnergy/Société Générale Global Energy Conference.
Highlights
l Continued success in an expanding Nukhul development at West Gharib;
l New field discovery at East Arta #4;
l Record production in August of 10,204 barrels of oil per day (“Bopd”);
l Five rigs currently working on TransGlobe properties in Egypt and Yemen:
¡ Two rigs drilling on the West Gharib leases;
¡ Drilling started on the East Ghazalat Block;
¡ Development drilling underway on Block S-1, Yemen;
¡ Exploration well started drilling on Block 32, Yemen;
l Rig contracted for drilling on the Nuqra Block in Q4 2010; and
l TransGlobe added to S&P/TSX Small Cap Index.
OPERATIONS
ARAB REPUBLIC OF EGYPT
West Gharib, Arab Republic of Egypt (100% working interest, TransGlobe operated)
Drilling
During the third quarter, the Company drilled four oil wells (East Arta #3, East Arta #4, Arta #21 and Hana #23)
and one dry hole at Hoshia #9.
The East Arta #3 exploration well was drilled, cased and completed as a potential Nukhul oil well in July. East
Arta #3 encountered a thin sand section in the Nukhul on a separate structure approximately 2.4 kilometres
northeast of East Arta #2. The well had limited inflow on initial completion and is being evaluated for fracture
stimulation (“frac”).
The East Arta #4 exploration well was drilled, cased and completed as new field discovery Nukhul oil well. The
well encountered a thick Nukhul formation with an estimated 32 feet of net pay. The well was completed and
fracture stimulated in early September and is producing at an i